EN
13 May 2013 - 14:38 AMT

NMC bonds 5th issue admitted to trading at NASDAQ OMX Armenia

The fifth issue of discount corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) was admitted to trading on free market (Cbond) of NASDAQ OMX Armenia with right to circulate in REPO market and manual trading.

This issue of the company’s bonds comprises 10,000 bonds with nominal value AMD 100,000, maturity 6 months and placement yield of 9.3647%. The issue will be traded under NMCCB5 ticker symbol.

To recall, on April 14, 2013 this issue of corporate bonds by NMC RCO for a total value of AMD 954,559,170.4 was placed through stock exchange. All the value issued was placed, while bonds demand was even higher, amounting to AMD 1,192,915,825. Weighted average price was 9.3647% and the cut price stood at 9.5006%.

The first three issues (NMCCB1, NMCCB2, NMCCB3) were placed through the exchange, admitted to trading at NASDAQ OMX Armenia free Cbonds market in 2011-2012 and later redeemed, so their trading at NASDAQ OMX Armenia was terminated. The fourth issue (NMCCB4) was placed on December 16, 2012 and will circulate until its redemption date on June 16, 2013.